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QQEW - Weekly Initial Claims For Unemployment Benefits Appear To Be Trending Lower Again
First Trust NASDAQ-100 Equal Weighted Index Fund
Initial claims for regular state unemployment insurance totaled 340,000 for the week ending August 28, a drop of 14,000 from the previous week’s revised tally of 354,000.
The surging number of Covid cases due to the Delta variant continues to cloud the outlook for economic growth.
Continuing claims in all federal programs totaled 9.389 million for the week ending August 14, an increase of 177,004.